Pandora Papers: ‘Public pressure will cause politicians to act’

The key dealings of lots of of world leaders, politicians and billionaires have been uncovered in one of many biggest investigations of leaked offshore paperwork in historical past.

The leak of just about 12 million paperwork reveals hidden wealth, tax avoidance and, in some instances, cash laundering by among the world’s wealthy and highly effective.

Paul Tang, chair of the European Parliament’s tax subcommittee, instructed BBC World News that he thought so much might be executed to sort out these points together with trying into shell corporations – these corporations which exist in title solely with out workers or places of work.

He was additionally optimistic about how the general public will stress politicians for reforms.

Greater than 600 journalists in 117 international locations trawled by means of information from 14 sources for months. The info was obtained by the International Consortium of Investigative Journalists (ICIJ) in Washington DC.

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